The past few weeks have confirmed the channel trend Bitcoin is trading in. It is clearly outlined on the chart (grey channel). We may get a bounce inside the channel where the area of support (whether weak or strong) is clearly marked as the grey bar. The lack of any bounce here would be a bad sign in the shorterm (weeks-months) for Bitcoin & presumably we could...
UNI vs. BTC is showing a divergence according to the MACD. The RSI Stochastic shows that it is undersold so *I* will be taking a long position. *Disclaimer: This is not investment or trading advice. I am just reading the chart and I may be wrong. I disclaim all responsibility for any market losses or gains by any individual who trades/invests using this analysis.
On weekly chart: StochRSI: Overbought Reverse signal from previous level Setup: Entry at around 1.18600-1.1800 Stop loss at previous level around 1.2100 = 2% loss Take profit at around 1.14050 = 3.80% gain Take profit at around 1.10010 = 7.20% gain
long trend for bitcoin up because 8200 or 7080 or 6250 are support.
Imo, high propability that new uptrend started! More details mentioned in TA. If you like my TA, pls. hit that "Like" button, follow me or leave your comments. Thank you!
Hi Guys, BTC's upward trend hasn't started yet and BTC remains in downtrend. Currently, BTC is moving inside "Symmetrical Triangle". Generally, this patern is difficult to predict. But in most cases "Symmetrical Triangle" is continuation pattern. RSI-Stoch also indicates, that the new uptrend hasn't started yet. So, I likely expect next drop down to $3200 -...
XML had been increasing for a long time. Now, it's time for retracement at around 1600sat. Pullback to 1800sat before drop possible. TA invalid if XML close above 1800sat daily and the price increasing will continue. If you like my TA, please hit that "like" buttom, follow me or leave your comments, Thanks!
The Elliott's 5th-Wave seems to be done. So upward ABC Correnction could beg5th C already finished 5th-Elliott Wave and upward ABC-Correction could start. A-Wave could lead us to $4500 - $4600, corrective B-Wave to $4200 - $4100 and the last one impuls C-Wave could mark $5000. Bullish Divergence + RSI-Stoch show to us that new trend is coming.
BTC is performing impulse A-Wave with prospect of going to $4100 again. Invalidated if $4600 successful break out happened.
Hi Guys, watch out my "Christmas" Bitcoin prediction. This TA is based on: a) Bakkt launch - BTC must be more insteresting for investors = must be cheaper. $4800-$4500 looks like fair price range. b) Global Upward Trend Support is near to us. I gues it will safe BTC from further drop down. c) BTC has been moving inside Falling Wedge Reversal pattern for last few...
My thoughts on XEM! Use tight stop loss, follow your money management a pay attention to BTC. If you like my TA, please hit that "like" button, follow me or leave your comments. Thank you!
Hi Guys, This is my thoughts on #Stellar (#XLM). I can see opportunity to go long in short-term. More details mentioned in TA. BTW...pay attention to BTC, use stop loss and follow your money management! If you like my TA, pls. hit that "like" button, follow me or leave your comment, Thx!
Hi Guys, This is my thought on Stellar. More details mentioned in TA. If you like my idea, pls. hit that "like" button or leave your comments, Thank you!
Now, it is time pullback and test a least 0.00004000.
XVG is ready to fly. One more re-test of major support a rally can start.